Source: WRAL TECHWIRE, 5/21/21

 Climate change is the defining problem of our time with risks and impacts—from sea level rise to drought and wildfire—that will touch virtually every community and every business. Costs to financial markets alone (not including the toll on human health and life) are estimated at $23 trillion between now and 2050. Thursday’s Executive Order by President Biden directing financial regulators to measure, mitigate and disclose climate-related financial risks, is one example of a series of moves by government and investors to understand and manage climate risk.

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